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Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
 Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with its takeover of Sydney-based Centennial Coal Co, which Banpu shareholders approved yesterday.
Chief executive Chanin Vongkusolkit said the company expected to complete its tender offer for the remaining 80.1% of Centennial by the end of September or early October at the cost of A$2.017 billion or 55.29 billion baht.
Banpu earlier acquired 19.9% of Centennial for A$380 million. On July 5, Banpu announced it would buy all of the ordinarily shares of the Australian company that it does not already control at the price of A$6.2 per share.
Mr Chanin said yesterday that the takeover would be completed after Australia's general election on Aug 21, adding that he expected the new Australian government would welcome the deal.
The company expected to book revenue contributions from Centennial in the fourth quarter of this year, he added.
Centennial, with 10 mines, has marketable coal reserves of 386 million tonnes as of June 30 this year. Banpu, which operates coal mines in Indonesia and China, has reserves of 318 million tonnes.
Shareholders yesterday also approved the management's plan to issue additional debentures worth up to 20 billion baht with maturities of up to 15 years.
Mr Chanin said Banpu would issue some debentures later this year in multiple tranches to either refinance debts or fund its acquisition of Centennial.
Banpu was confident that 2010 revenue would beat forecasts despite lower production at the Daning mine in Shanxi province due to a licence renewal delay.
The company on Monday revised down forecast production of the Chinese underground mine by 10%, resulting in expected lower net profit of $10 million. It has annual capacity of 4 million tonnes.
Mr Chanin also said the company's Jorong mine in Indonesia would resume operations in late September after being halted since February by the government because of forest encroachment. Authorities have been working with miners to clarify new operating rules.
"Indonesian coal mines are our major revenue contributor. The [total] coal sales target has been maintained at 23 million tonnes this year," he added.
CIMB-GK Securities (Thailand) has downgraded Banpu's 2010 net profit forecast by 1.4% to 14.6 billion baht following the revision of the Daning figures.
BANPU shares closed yesterday on the SET at 620 baht, down 10 baht, in trade worth 793.3 million baht.
Source: Bangkok Post
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Thursday, 29 October 15
Q2' 16 FOB INDONESIA COAL SWAP CLOSED US$ 37.40 PER TON; DECLINED 5.56 PER CENT M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.
The Q4 swap declined $ 2.13 (-5.34%) per t ...
Wednesday, 28 October 15
Q2'16 FOB RICHARDS BAY COAL SWAP SEES FURTHER DECLINES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gained week over week and declined month over month.
The Q4 swap was d ...
Wednesday, 28 October 15
BDI INCREASE TOOK PLACE SOLELY ON THE BACK OF CAPESIZE PERFORMANCE, BUT........ - INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a small improvement which nonetheless failed to lift sentiment, not only because ...
Tuesday, 27 October 15
Q1'16 API 5 FOB NEWCASTLE COAL SWAP DECLINE 6 PER CENT M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $2 per ton (4.66%) month over month to US$ 40.93 per ton. The swa ...
Monday, 26 October 15
PORT OF NEWCASTLE SHIPPED 10.5 PER CENT LESS COAL IN SEPTEMBER, COMPARED TO AUGUST LOADING
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.161 billi ...
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- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- The University of Queensland
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- White Energy Company Limited
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Minerals Council of Australia
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
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